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Senior Vice President (SVP), Operations Salary

Compensation for Senior Vice Presidents of Operations in the United States is generous, with average pay surpassing six figures annually ($172K). Final cash compensation to Senior Vice Presidents of Operations varies from around $91K to approximately $278K; choice pay grades include potential for bonuses and profit sharing as high as $75K and $41K, respectively. The most important factor affecting compensation for this group is geographic location, followed by years of experience and the individual firm. Making up 72 percent of those who took the survey, male Senior Vice Presidents of Operations greatly outnumber their female counterparts. The majority of workers are highly satisfied with their job. Nearly all report receiving medical coverage from their employers and a strong majority collect dental insurance.
$86,995 - $223,283
(Median)
87K
110K
150K
190K
220K
MEDIAN: $148,263
10%
25%
50%
75%
90%

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$19.13 - $102.87
(Median)
19
49
100
MEDIAN: $30
10%
75%
90%

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Show Annual Salary Show Hourly Rate

National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$100K$200K$300K
Salary
$86,995 - $223,283  
   
Bonus
$2,040 - $75,105  
Profit Sharing
$2,715 - $41,227  
Commission
$0.00 - $61,277  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$91,353 - $278,370  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 1,337
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50$100$150
Hourly Rate
$19.13 - $102.87  
   
Overtime
$14.00 - $46.45  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$100K$200K$300K
Bonus
$2,040 - $75,105  
   
Commission
$0.00 - $61,277  
Profit Sharing
$2,715 - $41,227  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$91,353 - $278,370  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 13
United States (change)

Job Description for Senior Vice President (SVP), Operations

Senior vice presidents of operations work underneath the managing president of a business or company; they manage a company’s day-to-day functions using guidance, supervision, and leadership related to operational procedures. The specific tasks of this position vary from company to company, but a senior vice president is generally tasked with ensuring the company's operations are working within the laws and the company’s standards and goals.

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Senior Vice President (SVP), Operations Tasks

  • Partner with other senior management to discuss strategies, objectives, and obstacles.
  • Monitor and strategize to reach annual targets and new markets.
  • Oversee and manage regional and cross-functional divisions of an organization.
  • Oversee accounting and financial analysis, and monitor for profitability and losses.

Common Career Paths for Senior Vice President (SVP), Operations


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Lower-level Senior Vice Presidents of Operations may earn similar salaries to those in higher-end positions like Chief Executive Officer. Senior Vice Presidents of Operations most frequently advance into Chief Operating Officer and President roles even though the median salaries are $36K lower and $21K lower, respectively.

Senior Vice President (SVP), Operations Job Listings

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Popular Employer Salaries for Senior Vice President (SVP), Operations


Senior Vice Presidents of Operations seeking a sizable paycheck can earn the most at Bank of America Corp. (BOFA), where the average salary comes to $175K.

Popular Skills for Senior Vice President (SVP), Operations


Survey results suggest that Senior Vice Presidents of Operations put a wide range of professional skills to use. Most notably, skills in People Management, Strategic Planning, Operations Management, and Leadership are correlated to pay that is above average. Those listing Financial Analysis as a skill should be prepared for drastically lower pay. Risk Management / Risk Control and Project Management also typically command lower compensation. Those educated in Operations Management tend to be well versed in Leadership and Project Management.

Pay by Experience Level for Senior Vice President (SVP), Operations

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Senior Vice Presidents of Operations with a lot of experience tend to enjoy higher earnings. Relatively untried employees who have less than five years' experience make $110K, but folks with five to 10 years under their belts enjoy an appreciably larger median of $144K. For Senior Vice Presidents of Operations, 10 to 20 years of experience on the job amounts to an average salary of $173K. More than 20 years of experience mean a somewhat bigger median paycheck of $188K, but it's not much more than what less experienced people make.

Pay Difference by Location


Boston is home to an above-average pay rate for Senior Vice Presidents of Operations, 52 percent higher than the national average. Senior Vice Presidents of Operations can also look forward to large paychecks in cities like Philadelphia (+33 percent), Minneapolis (+28 percent), San Diego (+28 percent), and Dallas (+23 percent). Trailing the national average by 3 percent, Tampa is the market with the smallest paychecks.

Related Job Salaries

Experience Affects Senior Vice President (SVP), Operations Salaries



National Average
$172,000



Skills That Affect Senior Vice President (SVP), Operations Salaries

People Management
up arrow 10%

Strategic Planning
up arrow 2%

Operations Management
up arrow 1%

Leadership
up arrow 1%

National Average
$172,000

Team Leadership
up arrow 3%

Sales Management
up arrow 7%


Risk Management / Risk Control
up arrow 13%

Financial Analysis
up arrow 36%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 294 votes.

Gender

Female
28 %
Male
72 %

Years of Experience

1-4 years
2%
5-9 years
8%
10-19 years
36%
20 years or more
54%

Common Health Benefits

medical benefits Medical: 92% dental benefits Dental: 79%
vision benefits Vision: 64% employee benefits None: 7%